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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Post by Maxmoeon Dec 26, 2020 3:01pm
197 Views
Post# 32184026

We all assume negative Nancy and the bashers are short

We all assume negative Nancy and the bashers are short I believe, lately at least, they are buyers shaking the trees for cheap shares. Trying to accumulate cheap stock makes way more sense than shorting. Shorting, in theory, has unlimited losses if you're wrong and the stock goes up. Missing out on a great investment by trying to pick the bottom is far from catastrophic. The idiots that pump pou at the same time make themselves the most obvious example. 
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